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Conversion to electricity

Conversion à l’électricité

The Conversion to Electricity Program provides financial assistance for projects designed to replace equipment that uses an eligible fossil fuel with electrical equipment in commercial, institutional or industrial buildings.

Important note: The program is subject to the approval of the Régie de l’énergie. All terms and conditions described in the guide are thus subject to change.

However, the terms and conditions laid out in the guide apply to projects with a start date before the date on which the program is approved by the Régie de l’énergie.

Financial assistance

The financial assistance is equal to the lesser of the following two amounts:

  • The eligible electricity consumption (EEC)(1) (kWh/year) multiplied by 15¢ per kWh,

    or
  • 75% of eligible expenses (including any other financial support).
(1) The amount of the financial assistance for a project is based on the eligible electricity consumption (EEC). There are two ways to calculate the EEC: a simplified method and a detailed method.

The EEC is the increase in electricity consumption resulting from the use of electrical equipment rather than equipment that runs on fossil fuel, calculated using the simplified method or the detailed method.

Note: For more information, see Section 3 of the Participant’s Guide, “Calcul de la consummation d’électricité admissible (CEA) et de l’appui financier”.

Benefits

Profitability

  • A financial contribution that reduces capital costs
  • Lower operating costs
  • Shorter payback period for your investment
  • Better competitive position

Environment

  • Use of hydropower, a clean and renewable energy source
  • Reduce greenhouse gas emissions

Questions? Want to discuss a project?

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